PPI Reclaiming successes and failures

mlucyminx

cot1198 wrote: »

mlucyminx wrote: »

Well done mlucyminx, that is good news, and very interesting for me as I have two complaints with FOS about Ocean, they are looking at them as one complaint as one loan was used to pay off the other. Not long now I hope

good luck. like I said it took over a year and not read many posts about ocean finance so didnt know what to expect. but it just shows that perserverence pays xx

mitooki

Some good news regarding my claim with Egg!

• What were you reclaiming: Loan PPI
• Who was the provider: Egg
• How much did you get back: £7800
• Did you get it back after a letter or did you go to the Financial Ombudsman: One letter based on the template, investigation took 8 weeks.

My original post in the discussion thread:

Not sure if I have a case for reclaiming, here's the details:
I took out a loan with Egg by phone of just short of £22k in June 2004 with £5.5k of PPI added on top. The loan fully repaid an existing Egg loan and some other debts. I don't recall exactly what was discussed on the phone but I remember taking away the impression that I'd be much more likely to be accepted if I took out the PPI; I think they went away to work it out before calling me back. I definitely wasn't aware that insurance could be taken out from a company other than the lender.

Well, as you can see it’s worked out well, the sum has been applied to my outstanding balance, paying off about two thirds. My monthly payment has now gone down to from £500 to £180.

Thank you to Martin, Di and everyone who’s posted their stories – I’m sure I wouldn’t have followed it up without all the support on here.

:beer: :T :money:

di3004

mitooki wrote: »

Some good news regarding my claim with Egg!

• What were you reclaiming: Loan PPI
• Who was the provider: Egg
• How much did you get back: £7800
• Did you get it back after a letter or did you go to the Financial Ombudsman: One letter based on the template, investigation took 8 weeks.

My original post in the discussion thread:



Well, as you can see it’s worked out well, the sum has been applied to my outstanding balance, paying off about two thirds. My monthly payment has now gone down to from £500 to £180.

Thank you to Martin, Di and everyone who’s posted their stories – I’m sure I wouldn’t have followed it up without all the support on here.

:beer: :T :money:

Fantastic, Congratulations, we are so pleased for you.:j:j
Well done.:beer::T:beer:

whirlwind296

Hi Everyone,

I was successful in reclaiming my PPI
I've had a Barclaycard for 14 years and paid PPI from the start.
I wrote a letter to Barclaycard (using one of the templates)
I received £8473.00!!!!

I am a very happy bunny!!!:j

di3004

whirlwind296 wrote: »

Hi Everyone,

I was successful in reclaiming my PPI
I've had a Barclaycard for 14 years and paid PPI from the start.
I wrote a letter to Barclaycard (using one of the templates)
I received £8473.00!!!!

I am a very happy bunny!!!:j

Brilliant.......:T:T
Congratulations to you and well done.
:beer::T:beer:

Portofino_2

Fantastic result! :j

What was the basis of your claim??

funkyc27

Does anyone know how long barclays usually take following the return of the questionaire they send you ?
Claire xx

mlucyminx

whirlwind296 wrote: »

Hi Everyone,

I was successful in reclaiming my PPI
I've had a Barclaycard for 14 years and paid PPI from the start.
I wrote a letter to Barclaycard (using one of the templates)
I received £8473.00!!!!

I am a very happy bunny!!!:j

Well done to you.

I was out by a month on the 6 year rule thing and my claim been with FOS for a year so that could be good news

cot1198

mlucyminx wrote: »

cot1198 wrote: »

good luck. like I said it took over a year and not read many posts about ocean finance so didnt know what to expect. but it just shows that perserverence pays xx

Thanks for that

I started the ball rolling in september last year and been with the FOS 10 months now, so I am hoping it will not be too long now before it is passed to an adjudicator

There are a few posting about Ocean now with some good news for the rest of us too.

Lets hope they pay up quick and don't keep you waiting

Jewell_2

I received a letter back from HSBC exactly a week after I sent the first letter stating that a Regulated Complaints Officer is investigating the matters that I have raised and that I will receive a full response in four weeks (sometimes eight depending how far the investigation extends).

Hopefully should hear something soon.